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Monday, 12/19/2016

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• • • FRANCHISE TIP • • •

Franchise Tip
Get More Done Everyday

When you own a small business, there are dozens of people and projects vying for your time and attention. It’s hard to figure out where to focus your resources and easy to become overwhelmed.

But your personal productivity helps determine your company’s productivity, so it’s crucial that you stay efficient.

To help you out, we scoured the web for the most practical and insightful advice on getting things done. Read on for tips on prioritizing tasks, managing digital distractions, making decisions, and more.

1. Schedule monthly 80-20 analyses.

Productivity guru Tim Ferriss used this technique to increase sales and cut his hours when he was running a small online supplement company called BrainQuicken.

The point of the exercise is to highlight the most important things you should be focusing on. First, you figure out the 20% of activities that are producing 80% of desired results. Then, you figure out the 20% of activities that are taking up 80% of your time.

Finally, you look at the overlap, or lack thereof, and eliminate the activities that are keeping you busy but aren’t producing key results.

“As a business owner, it’s very easy to fall into the trap of being busy, and being busy is not necessarily productive,” Ferriss told Business Insider.

2. Keep your list of priorities short.

When you’re in charge of a small business, it might seem like your to-do list is endless and everything needs equal attention.

But Chris Licata, owner of Blake’s All Natural Foods in New Hampshire, told Entrepreneur that his best productivity tip is to “embrace the reality that there is no such thing as a list of 10 priorities.”

Licata advises that entrepreneurs come up with a very short list of priorities in order to keep their teams focused on truly important projects.

3. Sideline nonurgent emails.

It’s important for small-business owners to keep abreast of the latest news in the area where they work. But reading every newsletter the minute it arrives in your inbox could be hurting your productivity.

Instead, Jonathan Long, founder and CEO of Market Domination Media, suggests creating an “offers” email address for newsletters and promotions that don’t require immediate attention. Check that inbox a few nights a week so it doesn’t distract you from focusing on important tasks during the day.


TO READ THE FULL ARTICLE, VISIT BUSINESS INSIDER.